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20121027
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CNBC
Oct 29, 2012 3:00pm EDT
? eamon javers live with that report. >> we saw president barack obama in white house briefing room earlier today. basically his message was everybody ought to follow instructions given to them by state and local officials. the rest of the federal government here in washington is closed today. that includes the department of labor. however, folks at department of labor the bls is working hard on friday he's jobs report. the last one before election day. much anticipated. here's a statement we have from the department of labor. they say employees at bureau of labor statistics are working hard to ensure the timely release of employment data on friday, november 2nd. it's our intention friday will be business as usual recording the october employment situation report. no guarantees from the department of labor they're get this report out by friday because their workers are scatter add cross the region right now but they say their intent is to get it out. how could that affect the actual report itself? experts say in terms of the storm's impact in the last couple of days of the month, wh
CNBC
Nov 1, 2012 3:00pm EDT
still holding on to the triple-digit move on the dow. nasdaq up about 40 points. president obama's touring sandy's devastation in new jersey. could his leadership during the storm give him an edge on the election? donald trump a big supporter of mitt romney will join us and weigh in on that. >>> then, how much will sandy end up costing the insurance industry? aig ceo robert benmosche is with me in an exclusive. stay with us. tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime... tdd#: 1-800-345-2550 until i choose to focus on something else. tdd#: 1-800-345-2550 trade at charles schwab for $8.95 a trade. tdd#: 1-800-345-2550 open an account and trade up to tdd#: 1-800-345-2550 6 months commission-free
CNBC
Nov 2, 2012 3:00pm EDT
economy going again. and that president obama has shown a path that we can trust and that mitt romney is not offering anything but the failed economic policies of the past, which say that the top 1% in this country should not pay their fair share. we reject that vision for america. >> let's not forget the 47% that don't pay any tax, right? >> that's also an inaccurate statement. >> 47% of this country does not pay income tax. that's not an inaccurate statement. at all. that's a fact. >> but they pay sales tax. there's lots of taxes that people pay. >> i'm talking about the federal income tax. >> right. that's right. but how is it that you think we can get this country going again if we don't have more investment like we did in the boom economy after world war ii where the wealthy and corporations were paying a lot more in order to make our country great. i think this nation is ready to return to the kind of greatness that we've seen before. >> we will see on tuesday. thank you so much. >> mary kay, thank you for joining us. >> of course, the big election tuesday. the results could hinge
CNBC
Oct 30, 2012 3:00pm EDT
, everybody. thank you, red cross. [ applause ] >> that was president obama at red cross headquarters in washington with some words of encouragement in the aftermath of superstorm sandy. we welcome you to "closing bell." mari maria, how are you doing? >> i'm doing well. i'm coming to you live from rockefeller center in new york city. the market closed once again today. it is back to business tomorrow, though, with the new york stock exchange and the nasdaq announcing plans for normal trading hours tomorrow. >> i'm bill griffeth. the superstorm did put the brakes on wall street for those two days. the death toll, unfortunately, continues to rise. millions are still without power across several states and will be for several days. but tomorrow will mark a big step toward normalcy for america an its economy as the stock market gets set to open once again. the big question now is, what happens when that opening bell rings tomorrow morning after such a long hiatus and such a disastrous storm? >> really unprecedented. we have team coverage today. scott cohn with the latest on t
CNBC
Nov 2, 2012 4:00pm EDT
than when barack obama took office. think of that. >> now, maria, both candidates are going to be in ohio. crucial, all-important ohio, this weekend with just three full campaign days left until election day. there's a lot to be decided here and a lot riding on the next couple days. >> absolutely. thanks very much. my next guest says the jobs numbers are evidence, in fact that, the economy is making steady progress. here to make his case is andy stern. he's former president of the service employees international union. now a senior fellow at columbia university. before we get to that, there have been unconfirmed reports -- thanks for joining us, andy. >> good to be here. >> utility crews from out of state that are not unionized, they're getting a hard time, even turned away, by unionized local crews. have you heard this? what can you tell us? >> i haven't heard this. i would hope it's not true. this is a time -- i grew up in new jersey. i lived in new york. i saw a lot of devastatiodevast. we're all americans. we need to figure this out. >> and come together, sure. let's talk about c
CNBC
Oct 31, 2012 4:00pm EDT
sandy. president obama in new jersey with governor chris christie touring some of the hardest hit areas of the state. is this brigantine, nng? this is certainly new jersey and we want to show you some of the other pictures if we can and take you back to the president and governor christie to get their statements as they spent the day today touring some of the worst and hardest hit areas of jersey. as we wrap up an ugly month meanwhile for wall street, the dow jones industrial average is down better than 3% on the month with the other major indices not faring much better. mandy drury is here with the october losers and a couple winners as well. >> absolutely. here are some great stats dug up by our cnbc crack data team. all three indices are breaking their four-month winning streak, as for the nasdaq 100, quite a lot of ugliness there on track for its worst october since 2008. it was october 2008 when it fell 16%. as for tech and telecom two of the worst performing sector this is month down more than 4%. apple for one is down over 10% for this month, and that is its largest monthly
FOX Business
Nov 1, 2012 3:00pm EDT
obama for reelection. the mayor cites his leadership on climate change. interesting any enough. -- interestingly enough. mayor bloomberg used to be a republican, he switched over to independent. i think he was also a democrat. just recently after the storm when president obama offered to come to new york, mayor bloomberg said no please don't it is going to cause more trouble. we have so much difficulty moving around and people took that as mayor bloomberg hates president obama. in fact people here at this network were saying that. guess what? doesn't hate anymore enough to not endorse him. mayor bloomberg endorsing president obama. let's take a look at the power mover of the hour. it's rimm. shares of the blackberry maker up 10% right now. not bad at all. up 14% over the past two days. let's give you that picture here. here's the prior day, so you can see a very nice move over just two days. rimm began testing its blackberry 10, wasn't that thing supposed to be out a long time ago? it is finally coming out. blackberry 10 this week saying we could expect to launch in the first q
CNBC
Oct 30, 2012 4:00pm EDT
advantages to the obama campaign and to the president. one is just what you've identified. the president, by just doing his job and doing it well and by mi making sure that fema performs well and the entire federal bureaucracy responds officially, he gets points. he looks like a leader. he looks like someone in command. that's always good for undecided voters. it's always good to motivate someone in his base who wasn't sure they were going to vote. secondly, if you subscribe to the theory that the romney campaign had momentum t looked like it did in some of the swing states. this is a timeout for three days. it's like a basketball game where one side is coming back from being way down and they're only two buoyapoints down. all the sudden the scoreboard clock goes down. for ten minutes they repair the clock. after that, the team has lost its momentum. i think the guy that had momentum is hurt by a three-day layoff. thirdly, there's a fundamental distinction between the two campaigns and two visions. one says that government should get out of the way and let the private sector do its job.
CNBC
Nov 1, 2012 4:00pm EDT
uncertainty, not less. it may take longer to work this out than many people expect. indeed, president obama in an interview last week, mentioned that he thinks there will be a solution, a grand bargain, sometime in the first six months of 2013. six months. that's a long time to get this it problem straightened out. >> yeah, so, i mean, if we do get an agreement in six months, does that mean that the u.s. doesn't go into a recession? >> well, first i want to say the metaphor fiscal cliff is probably the wrong one. you step off a cliff, that's your last step. for many politicians, the real metaphor is it's a slope. they gradually go into these tax increases and spending cuts. they feel they can turn around and walk back up the slope, retroactively reverse the changes. in that circumstance, in that scenario, it creates a lot of uncertainty for businesses and for taxpayers. what will our taxes be next year? how are we going to make some plans for our business or personal finances? it's that uncertainty that's going to, i think, have adverse effects for the economy. >> okay. that makes a lot of sen
FOX Business
Oct 30, 2012 3:00pm EDT
feet. thank you very much. [applause] >> president obama announcing he will go to new jersey tomorrow, clearly it's not a hardest hit state by hurricane standee certainly one of two. new york and new jersey under state of emergency and the president says he will go there and for the most rabid areas with chris christie, new jersey's governor and here is what. atlantic city is under water. you can see not only is the boardwalk, the famed boardwalk of atlantic city completely ruined but block after block after block hundreds and hundreds, and the first floor completely flooded. i am liz claman. count down to the closing bell begins right now and there is no closing bell because the new york stock exchange and the nymex and the nasdaq castillo's. the east coast trying to come back from the damage of hurricanes and the. every corner covered for you. when all is said and done it might be atlantic city that suffers the most. atlantic city underwater as presidents flooded out and that historic boardwalk which is a huge tourism focus under water in shambles. check this out. video from yesterd
Search Results 0 to 9 of about 10